Despite the constant rumors about them, Kanye West shows how proud he is to his wife, Kim Kardashian.
The Keeping up with the Kardashians star’s business, KKW Beauty, is now worth $1 billion after Coty bought 20% of its shares. Hence, the 43-year-old is pleased with what his other half has achieved.
A sweet message for the wife
In a tweet, the rapper posted a sweet message for the famed television personality on Twitter.
“I am so proud of my beautiful wife Kim Kardashian West for officially becoming a billionaire,” he said. “You’ve weathered the craziest storms, and now God is shining on you and our family.”
The tweet comes with a photo of fresh produce and flowers laid out under the sun.
“So blessed this is still life. So I made you this still life,” he added. “We love you so much.”
I am so proud of my beautiful wife Kim Kardashian West for officially becoming a billionaire
You’ve weathered the craziest storms and now God is shining on you and our family
So blessed this is still life
So I made you this still life
We love you so much pic.twitter.com/Vvtgzodnah
— ye (@kanyewest) June 30, 2020
A partnership between Coty, Kim Kardashian
According to People, the beauty conglomerate, Coty, acquires 20% state of Kim Kardashian’s KKW Beauty brand for $200 million. So, her line now has a value of $1 billion, reaching the billionaire mark.
The latest partnership will help the business expand by having more product categories, like skincare, haircare, personal care, and nail products of its own. It will also help the company to bring its items to the global market.
Despite that, Kim Kardashian and her team will lead her business’s creative efforts for its product and communication initiatives.
“Partnering with an established organization like Coty will be instrumental in the advancement of my brands as their global reach allows for faster expansion, so people around the world are able to experience new launches first hand,” the 39-year-old star said a press release.
“This relationship will allow me to focus on the creative elements that I’m so passionate about while benefiting from the incredible resources of Coty, and launching my products around the world,” she added.
Coty’s deal with Kylie Jenner
Kim Kardashian’s deal with Coty comes five months after it also had a deal with her sister, Kylie Jenner. Hollywood Life reported that the multinational beauty company purchased a 51% stake of Kylie Cosmetics, earning her $600 million.
However, the mother of four’s new deal now makes her the wealthiest of the KarJenner sisters and family.
Although Forbes previously declared Kylie Jenner’s billionaire status, it revoked her title as the youngest self-made billionaire, allegedly, falsifying details about her wealth and makeup sales.
Featured image used courtesy of Tinseltown/Shutterstock